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Mr. Coleman, an unmarried individual, has the following income items: Interest income $ 23,900 Schedule C net profit 58,040 He has $9,950 itemized deductions and

Mr. Coleman, an unmarried individual, has the following income items:

Interest income $ 23,900
Schedule C net profit 58,040

He has $9,950 itemized deductions and no dependents. Mr. Colemans Schedule C income is qualified business income (non-service).

Required: Compute Mr. Colemans income tax. Assume the taxable year is 2021. Use Individual Tax Rate Schedules and Standard Deduction Table. (Round your intermediate calculations and final answers to the nearest whole dollar amount.)

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